Home Headlines of the Day Indian Express

Indian Express

February 2, 2022

427

Indian Express
Subject	Pg No	Headlines	Relevance for Prelims and Mains
GS 2/3	3,9,10,11 12 13 14 15 16 17 18 19 21	Divestment numbers missed, Budget dials down target Budgets big push: govt capital expenditure up 27% over last year Out of the shadow: 30% tax on crypto, RBI to issue its digital currency Amid deep standoff between Centre and states, Budget bid to bridge divide MHA budget hiked by 11 per cent, lion’s share of allocation for police Focus on climate, energy transition across sectors Heritage kitty gets a 13% increase; ASI gets a third of total outlay Govt raises credit line for hospitality, industry says expected more Budget for WCD hiked, but no increase in funds for its flagship scheme Interest rates to rise as govt borrows more to spend more Lower subsidy bills, but silent on reform Betting on growth, wary of ‘disruptions’ ECLGS extended till next fiscal, guarantee cover raised to 5L cr Surety bonds replace bank guarantees, free up capital India Inc banks on govt spending before drawing up investment plan FM call for paradigm change in urban planning ‘opportunity of a lifetime’: Experts Tax on digital assets ,but crypto see hope For EV viability, a battery swapping policy in the offing In digital banking push, industry eyes rural gains Govt lays ground for 5G rollout; pushes rural broadband deadline to 2025 Setting the stage for growth Measured steps & a leap to spend Voice the budget didn’t hear The missing focus on health Letting down the bottom half Outlays for PM-Kisan and Fasal Bima schemes flat In demand, but MGNREGS gets no hike Co-op societies now on a par with companies: to be taxed at 15 % Govt focus on digitisation of land records As capex push lifts market, metal, steel & cement surge A new retro amendment: Cess, surcharge are not deduction Booster for startups: 15% surcharge cap on LTCG, extension on tax benefits New panel to prepare cities for india at 100 48k cr for universal housing ,focus on EWS and urban middle class Rs 1,400 crore to implement Ken-Betwa river linking Fighting Covid stress, mental health strain on priority list Budget: Combating loss in education a priority, but digital learning outlay sees a dip Procurement push :capital outlay raised by 10 % Five questions: The Budget big picture (Constitution/Economy)	What is the Budget ? Major highlights of Union Budget 2022-23? And their impact on the economy.
GS 3	14	The struggle to spend (Economy)	What is the primary metric for evaluating budgets? How much would the government target to bring the fiscal deficit down, and how credible were the numbers?
GS 2	22	PM ration scheme is the clear winner in Muzaffarnagar seat (Welfare Schemes)	Know about the Prime Minister’s Garib Kalyan Yojana, its objectives and achievements.
GS 2	23	In his address, Putin says the US pushing Russia into starting the conflict in Ukraine On the junta takeover anniversary strike in Myanmar, concerns worldwide (IR)	Russia-Ukraine Conflict, Cause of Conflict, Current Situation and what lies ahead? What has led to a crisis in Myanmar? issues linked to it, how does it affect India’s interest and suggest ways to tackle them.